Question

    The issued capital of the Exim Bank shall

    be____________________
    A Wholly subscribed by the RBI Correct Answer Incorrect Answer
    B Partly subscribed by the RBI Correct Answer Incorrect Answer
    C Partly subscribed by the Central Government Correct Answer Incorrect Answer
    D Wholly subscribed by the Central Government Correct Answer Incorrect Answer
    E Both b & c Correct Answer Incorrect Answer

    Solution

    Wholly subscribed by the Central Government, Explanation: Exim Bank Act: Section 4. Authorised capital: (2) The issued capital of the Exim Bank shall be wholly subscribed by the Central Government.

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